Schr. W.S. Malcolm, Waterlogged - Strange Conduct of the Captain and Four of the Crew. - Capt. Smith, of the schooner "Kyle Spangler," which arrived last night from Cleveland, report to us that he found the schooner "W.S. Malcolm," Capt. Berek, with a cargo of lumber for this port, waterlogged yesterday afternoon, about nine miles up the lake and four miles from shore.
The Captain and four of the crew had deserted the "Malcolm," leaving two boys, one about twelve and the other sixteen years of age, to take charge of the vessel!
Captain Smith, of the "Spangler," despatched a boat to the unfortunate vessel, rescued the boys, and brought them into port. They were chilled through, when taken off, and very much exhausted.
When Capt. Smith first discovered the vessel, by aid of a glass, one of the boys was in the rigging making signals for relief. Notwithstanding Capt. Smith has done no more than what every true sailor would do in like circumstances, he should receive full credit for his services in this instance, in rescuing those whom Capt. Barek had deserted and given up to the mercy of the waves.